Jiangsu Shentong Valve Co.,Ltd.’s Net Profit Rose 11.7% in First Quarter of 2022

Jiangsu Shentong Valve Co.,Ltd. (江苏神通阀门股份有限公司) (002438.SZ) reported a net profit of 73.8 million yuan in the first quarter of 2022, up 11.7% year-on-year.

Meanwhile, the company posted 511.4 million yuan in revenue, up 8.4% year-on-year.

At the end of the reporting period, it had 4.9 billion yuan in total assets and 2 billion yuan in total liabilities, with a liability-to-asset ratio of 42%.